ราคา Shiba Inu on BaseSHIB

The second largest meme coin, Shiba Inu (SHIB), started the new year not too convincingly. While other cryptocurrencies have returned to their peaks and even reached new ones, SHIB has been left out. Along with the decline in its price, the market capitalization and rating of the asset suffered. Currently, SHIB is the 19th cryptocurrency in the overall ranking, giving way to newer assets. Will this popular coin be able to recover and rise over the next days.$SHIB

🐸 $PEPE Faces Major Deleveraging Amid 42% Drop According to on-chain analytics platform Glassnode, frog-themed cryptocurrency PEPE has seen a major deleveraging as Futures Open Interest across the meme coin sector has dropped significantly since their peaks. Recently, a trend has emerged among meme coins, with open interest cooling off following speculative peaks. The trend is clear: open interest has sharply corrected across meme coins. This can point to leverage flushing out but also signal a shift in sentiment across the meme coin sector. 💬 PEPE, BONK, and WIF also saw major deleveraging: 📉 PEPE: -71.93% ($1.25B → $351M) 📉 BONK: -75.10% ($715M → $178M) 📉 WIF: -69.83% ($653M → $197M) These memecoins followed similar patterns, with OI cooling off after speculative peaks.— glassnode February 19, 2025 Frog-themed meme coin PEPE has seen its price drop by 42% monthly and experienced a major deleveraging, with its futures open interest plunging by 71.93% — falling from $1.25 billion to $351 million. The meme coin sector, in general, is undergoing a significant shift, with futures open interest (OI) sharply contracting after reaching speculative peaks. This trend is reflected in other meme coins such as SHIB, DOGE, WIF and BONK. At the height of the speculative frenzy, meme coins saw skyrocketing trade volumes and massive leveraged holdings. However, recent data shows that this exuberance is cooling off. The substantial drop in futures open interest across the sector indicates that traders are stepping back, reducing their exposure and flushing out excessive leverage from the market. PEPE down 42% monthly After a stellar surge in late 2024, PEPE is now facing a harsh reality. The token has experienced a steep 42% drop over the past month, mirroring a broader correction in the often volatile meme coin sector. At press time, PEPE was down 2.29% in the last 24 hours to $0.0000092 and down 0.09% weekly. PEPE has steadily declined since reaching an all-time high of $0.000028 on Dec. 9, 2024, and is now down 66.5% from this peak. PEPE declined all through January, dropping for four consecutive weeks at a stretch. Bears took a breather in the past week, with PEPE ending the week in the green, but the drop has now resumed, with PEPE down this week. Eyes will be on recovery for the PEPE price beyond the daily SMA 50 at $0.00001453 to ascertain a price comeback. #PEPE #Pepecoin 

💥 $SHIB Inu Price at Reset Point: Breakout or Stagnation Next? As of today, Shiba Inu (SHIB) has reached a reset point, stabilizing after notable price fluctuations. This phase is characterized by reduced volatility and market indecision, with SHIB’s price hovering around $0.00001546. This means that the cryptocurrency has reached a level where past trends, momentum, and trading patterns have essentially been neutralized, allowing for a fresh start in price movement. SHIB has formed a double bottom near the $0.00001485 level, suggesting potential support and a trend reversal. A recent death cross, where the short-term moving average crosses below the long-term moving average, indicates bearish momentum. Historically, this pattern can precede further declines or serve as a precursor to a significant reversal. 🔸 Whale Inactivity & Cyclical Volume Patterns Observed The current inactivity of large holders (aka whales) suggests possible declines in volatility and liquidity. Their absence may keep SHIB’s price relatively stable around this reset point, frustrating traders seeking profit from price movements. Also, SHIB exhibits a pattern of increased trading volume at the start of each week, followed by a decline. Such cyclical behavior may influence short-term price movements and trader strategies. 🔸 SHIB’s Next Move: Breakout or Stagnation? It’s hard to predict where this will lead. The fact remains that the market is no longer heavily biased toward either buying or selling, meaning SHIB is consolidating after considerable price fluctuations. For investors, one could say that the market is in a state of indecision, where something huge will need to happen for SHIB to break out of its current stagnation. 🔸 Low Volatility Could Trigger Sharp Price Swings It’s also worth noting that prolonged periods of low volatility often build pressure, leading to substantial price movements once a breakout occurs – if it occurs at all, that is. In addition, if big investors aren’t actively trading, it can reduce volatility and cause the price to remain stagnant. On the other hand, if buying pressure increases due to positive catalysts such as whale accumulation or major announcements, SHIB could rally upward. Whatever the case, SHIB’s stabilization at this reset point reflects a balance between potential support levels and bearish indicators. The future trajectory of this cryptocurrency will largely depend on market catalysts and the re-engagement of prominent market participants. #SHIB #Shibainu 

As of today, Shiba Inu (SHIB) has reached a reset point, stabilizing after notable price fluctuations. This phase is characterized by reduced volatility and market indecision, with SHIB’s price hovering around $0.00001546 . This means that the cryptocurrency has reached a level where past trends, momentum, and trading patterns have essentially been neutralized, allowing for a fresh start in price movement. SHIB has formed a double bottom near the $0.00001485 level, suggesting potential support and a trend reversal. A recent death cross , where the short-term moving average crosses below the long-term moving average, indicates bearish momentum. Historically, this pattern can precede further declines or serve as a precursor to a significant reversal. The current inactivity of large holders (aka whales) suggests possible declines in volatility and liquidity. Their absence may keep SHIB’s price relatively stable around this reset point, frustrating traders seeking profit from price movements. Also, SHIB exhibits a pattern of increased trading volume at the start of each week, followed by a decline. Such cyclical behavior may influence short-term price movements and trader strategies. It’s hard to predict where this will lead. The fact remains that the market is no longer heavily biased toward either buying or selling, meaning SHIB is consolidating after considerable price fluctuations. For investors, one could say that the market is in a state of indecision, where something huge will need to happen for SHIB to break out of its current stagnation. It’s also worth noting that prolonged periods of low volatility often build pressure, leading to substantial price movements once a breakout occurs – if it occurs at all, that is. In addition, if big investors aren’t actively trading, it can reduce volatility and cause the price to remain stagnant. On the other hand, if buying pressure increases due to positive catalysts such as whale accumulation or major announcements, SHIB could rally upward. Whatever the case, SHIB’s stabilization at this reset point reflects a balance between potential support levels and bearish indicators. The future trajectory of this cryptocurrency will largely depend on market catalysts and the re-engagement of prominent market participants. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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